Legal / Law News: North American Bancard in the Tri-Cities Area of East Tennessee

PCI Data Compliance and the small to medium sized merchants.

Elizabethton, TN (PRWEB) February 28, 2010 -- North American Bancard is the premier credit card processing company for small to medium sized businesses. Recently, North American Bancard has opened a new office in the Tri-Cities area of east Tennessee. This office will provide the small to medium sized businesses of the area to take advantage of face-to-face sales and customer service. Currently, North American Bancard is processing over 100,000 merchants in the U.S. We have prided ourselves on our amazing 24 hour 365 days a year customer service team. Also, North American Bancard is completely PCI (Payment Card Industry Standards) compiant with all of the Card Associations. PCI compliance is the storing of cardholder data electronically or with paper transactions. If these comliant issue are not taken care of the Card Associations impose a fee to the merchant. These fees can range from $10,000 to millions of dollars and the merchant whether small or a large company like Wal-mart must replace each carfholders credit and or debit card. For small merchants using a small countertop processing machine these issues are fairly easy to be compliant with. If the merchant is using a computer point-of-sale system regular security scans are required by a PCI certified company. The cost of keeping your business PCI compliant is usually under one hundred dollars and by far out weighs the consequences of having a data compliance issue. North American Bancard has business relationships with the top PCI certified security scan companys and for the small merchants we offer free compliance questionaires that have to be filled out annually. Bottom line is there is no reason for a business to have any PCI compliance issues at all. If your provider does not send you security updates you may want to take a look at the PCI industry standars website and find out what you need to do. Also you can call North American Bancard and we would be pleased to offer this free of charge.

Tim Messmaker- Agent of North American Bancard